The many roles of ULTR
The ULTR token serves as the nexus for all utility, fees and value created across the entire Ultrade ecosystem
Governance
Staking ULTR will enable participation in the project’s governance and help ensure a truly decentralized ecosystem
Rewards
Rewards for referrals, liquidity providers/market makers, and other roles within the Ultrade ecosystem are paid out in ULTR
White Label Tier System
White Labeling the Ultrade Trading Suite requires long-term staking of ULTR, and distribution tiers are based on the amount staked - more ULTR staked means more fees earned
Fees & Discounts
Traders can stake their ULTR to reduce trading fees, while builders pay microfees in ULTR for using dBlocks
Ecosystem fee allocation
All fees collected within the Ultrade ecosystem are split into three buckets:
Buy/Burn
The majority of fees will be burned to reduce supply (deflationary token)
Distribution
30% of the total fees collected will be distributed to those staking ULTR
Ecosystem
The remaining 10% will remain within the ecosystem to fund future development, liquidity rewards etc.
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